Doorvest

Doorvest

Real Estate

Doorvest helps you identify, purchase, and own your first (or 10th) rental home for as little as $35k. Generate passive, reliable income from day one.

Investment risk

Low

Min investment

$35,000

Target return

18%

Fees

1.8%

Overview

Own high-yield rental homes entirely online! Doorvest helps you identify, purchase, and own your first (or 10th!) rental home for as little as $35k. Generate passive, reliable income from day one. They provide investors with a comprehensive breakdown of their monthly cash flow, property activity, legal documents, and reports through their investor dashboard. Through Doorvest's Renovation Guarantee, they make sure all homes are resident ready! They’re so confident in their renovations, that they’ll cover any costs incurred in your first year. No need to worry about your cash flow; Doorvest guarantees rental income for your first year as well.

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Manage your Doorvest account and thousands of other platforms with MoneyMade Portfolio!

Why Invest

  • Immediate Returns. Start earning on day one with a resident-occupied home
  • Consistent Income. Gain a steady source of income that is always flowing
  • Lower Your Taxes. Receive multiple tax benefits for rental home expenses

How you make money

Doorvest’s approach is to make real estate investing radically simple. Real estate is the least tech-enabled asset class, yet it has a larger market capitalization than stocks and bonds combined. Their full-stack, vertically integrated model leverages technology in every stage of the investment process, so more can be done for less, and better decisions can be made for a fraction of the cost.

 

You can earn through the appreciation of property value and monthly rental income received. The average rental home on the Doorvest platform is $150,000 and is typically purchased with a downpayment of $30,000, which represents 20% of the purchase price. After 30 years you will have a fully paid off rental home that continues to generate passive income.

How Doorvest makes money

A monthly servicing fee is charged to handle all aspects of operating a rental home so customers are able to enjoy truly passive income. Services include but are not limited to: leasing & resident placement, monthly rent collection, resident communications and the investment dashboard. Their property management fee is based on % of the rental income. No rent = no management fee, which means that both Doorvest and the homeowner are incentivized to place long term stable residents.

Is it Safe?

Owning a rental property requires work — Owning a rental property is not always easy, either. You'll need to make sure you set aside money in case of emergencies, for instance. If something breaks in the house (like a dishwasher or furnace), you as the owner are responsible for it. Rental property is highly illiquid, and it can be much easier to buy than to sell. And unlike investing in a REIT or loaning money on a real estate crowdfunding platform for a specified term, you're buying a home on Doorvest.

Things to know

  • You make money onValue + Dividends
  • Fees1.8%
  • Payout frequencyMonthly
  • Term of investment60+ months
  • LiquidityHard
  • Open toAll Investors

Company

  • Country availabilityUS only
  • Assets under management$20M
  • Established2019
  • Mobile Application No

Investment Return Calculator

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Invested

$41,000

Projected fees

$5,573.46

Projected return

$41,659.20

Value after fees

$82,659.2

Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results.

Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts.

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